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Bullboard - Stock Discussion Forum Lion Electric Ord Shs T.LEV

Alternate Symbol(s):  LEV | LEV.WS | LEV.WS.A | T.LEV.WT | T.LEV.WT.A

The Lion Electric Company is a manufacturer of zero-emission vehicles. The Company designs and manufactures all-electric school buses, midi/minibuses for special needs or urban transit, as well as urban trucks. Each Lion vehicle is purpose-built for electric and designed and assembled in-house, with its own chassis, truck cabin or bus body, battery technology with modular energy capacity and... see more

TSX:LEV - Post Discussion

Lion Electric Ord Shs > Conversion des warrants
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Post by couples4 on May 09, 2021 11:29am

Conversion des warrants

Disnat a fait la conversion de mes NGA warrants US en LEV warrants CAN en me donnant videmment le taux de change en vigueur.Jusque la,tout semble ok.Le warrant US me donnait l'option d'acheter l'action de LEV US au prix de 11,50 US jusqu'en 2026.Maintenant que mon warrant est canadien,est ce qu'il existe un prix en canadien deja etabli pour me procurer l'action?Ou si je devrai payer dans le futur 11,50$US plus le taux de change en vigueur?
Dans le dernier cas,je vois pas vraiment l'interet d'avoir recu des warrants canadiens...
Comment by bingostar on May 10, 2021 10:46am
Le warrant canadien est en effet bas sur le 11.50$ US, cependant actuellement il offre une occasion d'achat unique puisque sa valeur sans la valeur temps est de ; 18.30 US- 11.50 US =6.80 US/ .83=8.20 CDN alors que le LEV.WTest actuellement a 7.31$
Comment by Dibah420 on May 10, 2021 10:48am
couples4:  I believe you have answered your question yourself.  There CANNOT be a pre-established forex value for conversion   ($11.50US)  of warrants into shares.  You will pay whatever the going conversion rate at the time of your order. All my shares/warrants etc  are still held on NYSE as I have seen little advantage in transfer to TSX,  but that is my ...more  
Comment by couples4 on May 10, 2021 12:47pm
Thank you both for the comments.The problem is that Disnat did not ask me for my preferences to have my warrants in Canadian or US.currency.Maybe they have no choice given I'm Canadian citizen.You,Dibah,are you an American citizen?
Comment by Dibah420 on May 10, 2021 4:59pm
Canadian.  I don't think citizenship should be the determinative factor.  The choice should be exclusively yours which market you wish to trade/hold your shares. 
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